Storskogen enters into a new term facility agreement
The new facility, which is denominated in EUR, has a term of 1.5 years with an extention option of 1 year. The agreement was reached with a group of core relationship banks.
”We are very pleased with the solid support from our relationship banks to continue our strategy with this additional syndicated loan facility” says Lena Glader, CFO.
The short-term bank facility agreement of EUR 500 million, dated 28 March 2022, has not been utilised and was cancelled on 22 September 2022.
Bankbrokers acted as financial advisor and coordinator, and Mannheimer Swartling Advokatbyrå acted as legal advisors to Storskogen in connection with the transaction.
For more information, please contact:
Lena Glader, CFO
+46 73 988 44 66
Erik Kronqvist, Head of IR
+46 70 697 22 22
This press release contains inside information that Storskogen Group AB (publ) is required to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication by the above contact persons on 23 September 2022 at 09.40 CET.